Obama Pledges $7 Billion To Improve Power In Sub-Saharan Africa

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(CNN) — U.S. President Barack Obama pledged $7 billion Sunday to help combat frequent power blackouts in sub-Saharan Africa.

Funds from the initiative, dubbed Power Africa, will be distributed over the next five years. Obama made the announcement during his trip to South Africa, the continent’s biggest economy.

“Access to electricity is fundamental to opportunity in this age. It’s the light that children study by, the energy that allows an idea to be transformed into a real business. It’s the lifeline for families to meet their most basic needs, and it’s the connection that’s needed to plug Africa into the grid of the global economy,” he said.

Two-thirds of the population of sub-Saharan Africa lacks access to electricity, including more than 85% of those living in rural areas, the White House said.

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GregT1

I'D LOVE TO KNOW WHERE THAT MORON WILL GET THE MONEY FROM. LET AMERICA GO DOWN THE TUBES WHILE I HELP EVERYBODY ELSE TO INCREASE MY POPULARITY. HEY!!! MAYBE THEY WILL GIVE ME A STATUE OR NAME A SCHOOL AFTER ME SINCE I'M SOOOOOOOOOOO GREAT!!!! I'M THE NEW AGE PRESIDENT……………WHAT MONEY MY WIFE AND I DON'T SPEND ON FRIVOLOUS NONSENSE, I WILL GIVE AWAY TO OTHERS WHILE ROME BURNS.